In this season of attempting to peek around the corner to see what’s ahead, here are the predictions from the editors of Restaurant Business. It has been a year of keeping our collective fingers to the economic wind to see which way the consumer mindset is blowing. So much so, our fingers are getting chapped…. read more
Global Foodservice News
Danone to Sell U.S. Organic Dairy Brands
Investment firm Platinum Equity will buy Horizon Organic and Wallaby. PARIS — Danone announced Tuesday that it has signed an agreement to sell its premium organic dairy activity in the U.S. to Platinum Equity, a U.S.-based investment firm. The sale is part of Danone’s portfolio review and asset rotation program the company announced in March… read more
EPA Releases Proposed Revision to Meat and Poultry Effluent Guidelines
Highly anticipated proposal to reduce nitrogen, phosphorus and other pollutants in meat and poultry plant wastewater discharge takes steps to protect small processors, but some wish EPA did more sampling even for the large establishments. The U.S. Environmental Protection Agency (EPA) on Friday released its proposal to amend regulations on meat and poultry processors’ wastewater… read more
NRA and NRAEF Name 2024 Boards
The National Restaurant Association and the National Restaurant Association Educational Foundation named their 2024 board officers, directors, and trustees. Jeff Lobdell, president and founder of Restaurant Partners Management, LLC., will serve as chair of the National Restaurant Association Board of Directors, and Shaun Beard, senior vice president of SAVOR Hospitality, will serve as chair of… read more
How Restaurants Can Plan for an Uncertain Economic Climate in 2024
Restaurant owners should work to forecast their busy and slow seasons. With ever rising costs for supplies and staffing, there are important measures restaurant owners can take to navigate an uncertain economic climate in 2024. That being said, unemployment remains low across the country and consumer spending is strong despite higher interest rates. We expect… read more
What can restaurants expect from government in 2024?
Working Lunch: It promises to be an historic year politically, with plenty of pandering by candidates and action on a slew of issues, from service fees to credit-card processing charges. A week into the new year, government figures are already taking up a number of issues that could affect restaurants, from service fees to credit… read more
MAFSI Barometer: Q3 Misses Expectations
While an immediate turnaround is not anticipated, the group offers a brighter outlook for the next two years. MAFSI’s Q3 Foodservice Business Barometer shows overall sales growth for the quarter missed forecasts of 3.5%, instead dropping to 2%. From July 1-Sept. 30, the Midwest saw the highest overall sales, up 3.9% as compared to Q3… read more
Dunkin’ Sued by Customer Over Exploding Toilet
The man is seeking more than $100,000 for “severe and long term injuries.” ORLANDO, Fla. (AP) — A customer has filed a negligence lawsuit against Dunkin’, claiming he was injured by an exploding toilet at one of the coffee chain’s locations in central Florida. Paul Kerouac is seeking more than $100,000 in a lawsuit filed… read more
Review What’s New With Speed Ovens
In this equipment comparison on high-speed ovens, we share what to consider if you’re in the market for a new model. High-speed ovens have become ubiquitous in sandwich shops, coffee bars and convenience stores, where the equipment quickly cranks out menu items. But for operators seeking creative ways to ramp up production, this equipment is… read more
Global Foodservice News — January 1, 2024
Foodservice Equipment and Supplies FER’s 2023 Top Dealers Report Operational efficiencies, product sourcing and being proactive versus reactive weigh on the minds of participants.Things are improving. A handful of participants of the FER 2023 Top Dealers Report say 2022, compared with the few years prior, brought some relief. The numbers reflect the sentiment. The… read more